Alibaba and JD.com urge central bank approval for yuan-based stablecoins to counter US dollar dominance in $247B global ...

On July 4, 2025, the U.S. Dollar trades unevenly across key markets as strong economic data clashes with rising trade policy ...

JD.com and Ant Group are lobbying China’s central bank to authorize yuan-based stablecoins in Hong Kong. Chinese tech firms are engaging with regulators to shape ...

The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1535 as compared ...

As China’s post-pandemic recovery falters and deflationary signals deepen, the People’s Bank of China (PBoC) has begun ...

JD.com and Ant Group are urging the PBOC to greenlight a yuan stablecoin to challenge the dominance of the US dollar in global trade.

JD.com y Ant Group quieren que el banco central de China apruebe las stablecoins en yuanes offshore en Hong Kong.

China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank to authorise yuan-based stablecoins to ...

Huang Yiping, dean of Peking University's National School of Development, said that it is worth exploring the potential of ...

China’s central bank explores stablecoins for cross-border payments despite crypto ban. This follows US moves to regulate and promote dollar-backed stablecoins.

China is under increasing pressure from prominent economists and policy advisers to explore using stablecoins for ...